International tourism, expenditures for travel items in Iceland

Iceland: International tourism, expenditures for travel items was 519.00 million current US$ in 2020. ◆ Volatile

Latest (2020)
519.00 million current US$
Change on year
down 65.6%
World rank
79th
of 191 countries
All-time high
1.69 billion current US$
in 2018
All-time low
282.00 million current US$
in 1995
Years of data
26
1995–2020

International tourism, expenditures for travel items in Iceland, 1995–2020

500.0M1.0B1.5B1995200720201995: 282.0M current US$1996: 308.0M current US$1997: 323.0M current US$1998: 396.0M current US$1999: 436.0M current US$2000: 471.0M current US$2001: 372.0M current US$2002: 371.0M current US$2003: 523.0M current US$2004: 697.0M current US$2005: 980.0M current US$2006: 1.1B current US$2007: 1.3B current US$2008: 1.1B current US$2009: 546.0M current US$2010: 612.0M current US$2011: 754.0M current US$2012: 792.0M current US$2013: 854.0M current US$2014: 964.0M current US$2015: 963.0M current US$2016: 1.2B current US$2017: 1.6B current US$2018: 1.7B current US$2019: 1.5B current US$2020: 519.0M current US$

Source: Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism. Measured in current US$.

Analysis

In 2020, international tourism, expenditures for travel items in Iceland stood at 519.00 million current US$.

The figure is down 65.6% on the previous year and down 15.2% over ten years.

Over the whole period, international tourism, expenditures for travel items in Iceland peaked at 1.69 billion current US$ in 2018 and was at its lowest, 282.00 million current US$, in 1995.

Iceland ranks 79th of 191 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 349.00 million current US$ 282.00 million current US$ 436.00 million current US$ 5
2000s 746.50 million current US$ 371.00 million current US$ 1.33 billion current US$ 10
2010s 1.09 billion current US$ 612.00 million current US$ 1.69 billion current US$ 10
2020s 519.00 million current US$ 519.00 million current US$ 519.00 million current US$ 1

Countries ranked near Iceland

  1. 76 Cameroon 553.00 million current US$ compare
  2. 77 Mongolia 550.00 million current US$ compare
  3. 78 Chile 530.00 million current US$ compare
  4. 80 Panama 465.00 million current US$ compare
  5. 81 Sri Lanka 449.00 million current US$ compare
  6. 82 Belarus 445.00 million current US$ compare

See the full ranking of 238 places →

More private sector data for Iceland

All data for Iceland →

Frequently asked questions

What is international tourism, expenditures for travel items in Iceland?
International tourism, expenditures for travel items in Iceland was 519.00 million current US$ in 2020, according to Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism.
What is the highest international tourism, expenditures for travel items recorded in Iceland?
The highest recorded value was 1.69 billion current US$ in 2018.
What is the lowest international tourism, expenditures for travel items recorded in Iceland?
The lowest recorded value was 282.00 million current US$ in 1995.
How does Iceland rank for international tourism, expenditures for travel items?
Iceland ranks 79th out of 191 countries with data for 2020.
Is international tourism, expenditures for travel items rising or falling in Iceland?
Over the last ten years it is down 15.2%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism, published as part of International tourism, expenditures for travel items (current US$). Statizoid updates them automatically from the source API.

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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
International tourism, expenditures for travel items (current US$)
Unit
current US$
Source
Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
238 places, 5,590 data points, 1995–2020
Last refreshed

International tourism expenditures are expenditures of international outbound visitors in other countries. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.